Correction time for AUSSIE
Hi Fxbrothers,
What can we see on AUDUSD?
-Head and shoulders in progress
-ascending triangle who is a bearish trend continuation ( correction in Daily)
- 61% fib retracement
- Bearish divergence
Result? Short Aussie !
TARGET : Previous Larger Quater Point
Trade safety, never risk more than 2% of your capital on ANY trade!!
MONEY MANADGEMENT + GOOD RISK REWARD (Minimum 2) is the KEY.
What can we see on AUDUSD?
-Head and shoulders in progress
-ascending triangle who is a bearish trend continuation ( correction in Daily)
- 61% fib retracement
- Bearish divergence
Result? Short Aussie !
TARGET : Previous Larger Quater Point
Trade safety, never risk more than 2% of your capital on ANY trade!!
MONEY MANADGEMENT + GOOD RISK REWARD (Minimum 2) is the KEY.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.